FACTOID # 114: People in Germany, Belgium, Hungary and Sweden have to pay almost half their salaries in tax.
 
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Encyclopedia > Taxation in Russia

The Russian Tax Code is the primary tax law for the Russian Federation. The Tax Code of the Russian Federation was adopted and implemented in two parts. Part Two regulates local, republican and federal system of taxation. Part One (sometimes referred to as the "General Part") is considered to be much more important for the development of the country as it served as a vital step towards reforming Russian tax legislation in order to correspond with the market economy trends.


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